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2/8/23 8:39 AM
Rate Indications
 To take down an advance, login to eBanking or contact the Member Transaction Desk : 
855-345-2244, Option 1
 Today's Headlines   Market Rates 
Early bird discounts, all before 10:00 a.m.: (1) Available on A120 (<= 27 days) advances, additional volume discounts may be available; (2) 1-month (no minimum at 4.69%) and 3-month (no minimum at 4.87%) A121 advances. To execute, please call the Member Transaction Desk before 10:00 a.m.

Advance Discount Specials (until February 28, 2023): 5 bps discount on qualifying fixed rate fixed term advances, callable fixed rate, and amortizers. Visit our Solutions page on fhlbc.com for Terms and Conditions. 

 Term   Treasury   Swaps   Fixed Rate Advances 
2 years 4.45% 4.47% 4.66%
5 years 3.82% 3.60% 4.01%
7 years 3.75% 3.45% 4.16%
10 years 3.66% 3.36% 4.28%
 FHLBC Deposit Rates^ 
DID (yesterday) 4.41679% ^Call for term deposit rates.
 Fixed Rate Advances   Fixed Rate Callable Advances (Call Option Owned by Member) 
Term Community Advances Regular Advances All-in After Dividend* Forward-Starting  Term   Lockout   Bermudan   All-in After Dividend*   Option Cost 
 1 week    4.71% 4.56% Advances settle one year forward from today and then have stated term to maturity  2 years  6 months 5.50% 5.35% 0.84%
 2 weeks  4.71% 4.56%  2 years  1 year 5.38% 5.23% 0.72%
 3 weeks  4.71% 4.56%  3 years  6 months 5.56% 5.41% 1.29%
 1 month  4.61% 4.71% 4.56%  3 years  1 year 5.44% 5.29% 1.17%
 3 months  4.79% 4.89% 4.74%  5 years  6 months 5.78% 5.63% 1.78%
 6 months  4.99% 5.09% 4.94%  5 years  1 year 5.66% 5.50% 1.65%
 9 months  5.07% 5.17% 5.02%    5 years  2 year 4.92% 4.77% 0.92%
 1 year  5.00% 5.10% 4.95% 4.18%  7 years  1 year 5.72% 5.57% 1.56%
 1.5 years  4.82% 4.92% 4.77% 3.91%  7 years  2 years 4.98% 4.83% 0.82%
 2 years  4.56% 4.66% 4.51% 3.80%  10 years  2 years 5.34% 5.19% 1.06%
 2.5 years  4.32% 4.42% 4.27% 3.77%  10 years  3 years 4.77% 4.62% 0.49%
 3 years  4.17% 4.27% 4.11% 3.74%  10 years  5 years 4.55% 4.40% 0.27%
 3.5 years  4.07% 4.17% 4.02% 3.71%  15 years  5 years 4.80% 4.64% 0.18%
 4 years  4.01% 4.11% 3.96% 3.69%  Fixed Rate Putable Advances (Call Option Owned by FHLBC) 
 4.5 years  3.95% 4.05% 3.90% 3.77%  Term   Lockout   European   All-in After Dividend*   Option Value 
 5 years  3.91% 4.01% 3.86% 3.85%  3 years  6 months 3.94% 3.79% -1.15%
 6 years  3.99% 4.09% 3.94% 3.96%  5 years  6 months 3.53% 3.38% -1.56%
 7 years  4.06% 4.16% 4.01% 4.06%  7 years  6 months 3.36% 3.21% -1.73%
 10 years  4.18% 4.28% 4.13% 4.22%  10 years  6 months 3.30% 3.14% -1.79%
 15 years  Call for availability 4.61% 4.46%    3 years  1 year 4.04% 3.89% -1.06%
 20 years  4.72% 4.57%    5 years  1 year 3.64% 3.48% -1.47%
 30 years  4.78% 4.63%    7 years  1 year 3.50% 3.35% -1.60%
   10 years  1 year 3.39% 3.24% -1.71%
 5 years  2 years 3.73% 3.58% -0.93%
 Amortizing Advances   7 years  2 years 3.54% 3.39% -1.12%
  Amortization Term  10 years  2 years 3.49% 3.34% -1.17%
Term 5 years 7 years 10 years 15 years  7 years  3 years 3.60% 3.45% -0.67%
 5 years  4.33% 4.22% 4.15% 4.12%  10 years  5 years 3.78% 3.62% -0.23%
 7 years  n/a 4.25% 4.24% 4.23%  Term   Lockout   Bermudan   All-in After Dividend*   Option Value 
 10 years  n/a n/a 4.28% 4.31%  5 years  6 months 3.37% 3.22% -1.72%
Term 15 years 20 years 25 years 30 years  7 years  6 months 3.09% 2.93% -2.00%
 15 years  4.44% 4.55% 4.60% 4.62%  10 years  3 months 2.74% 2.59% -2.15%
 20 years 
n/a 4.60% 4.68% 4.72%  7 years  1.24% 0.02% 1.26% 0.32%
 30 years  n/a n/a n/a 4.75%    10 years  1.55% 0.02% 1.58% 0.32%
                     
                     
 Floating Rate Advances 
 Discount Note Floater Advances     SOFR Index Floater Advances 
  Non-Prepayable Prepayable (on reset dates)^  Index / Rate Indic.   Term   Prior Index   Spread   Prior Day Rate 
 Term**   Spread to 4WK   Spread to 13WK   Spread to 4WK   Spread to 13WK  SOFR 3 Months 4.55% 0.20% 4.75%
 3 months  0.23% n/a 0.25% n/a SOFR 6 Months 4.55% 0.21% 4.77%
 6 months  0.29% 0.23% 0.36% 0.30%   SOFR 9 Months 4.55% 0.23% 4.78%
 1 year  0.30% 0.24% 0.38% 0.32% SOFR 1 Year 4.55% 0.24% 4.80%
 2 years  0.45% 0.36% 0.47% 0.38% SOFR 18 Months 4.55% 0.29% 4.84%
 3 years  0.51% 0.41% 0.53% 0.43% SOFR 2 Years 4.55% 0.30% 4.85%
 4 years  0.53% 0.44% 0.55% 0.46% SOFR 3 Years 4.55% 0.32% 4.90%
 5 years  0.55% 0.46% 0.57% 0.48% SOFR 4 Years 4.55% 0.42% 4.99%
Prior Index 4 week 4.540% 13 week 4.719% SOFR 5 Years 4.55% 0.46% 5.02%
 ^Prepayable at par with 1 day notice. **Please call for terms between 5 years and 10 years, or for 26 week index.  SOFR 6 Years 4.55% 0.64% 5.20%
 Overnight Discount Note Floater**  SOFR 7 Years 4.55% 0.76% 5.33%
 Term^     Prior Index   Spread   Prior Day Rate  SOFR 8 Years 4.55% 0.87% 5.44%
<= 3 Months 4.315% 0.414% 4.709% SOFR 9 Years 4.55% 0.92% 5.47%
 ^Prepayable same day before 3:00PM. **Please call for additional terms not listed above.  SOFR 10 Years 4.55% 0.96% 5.51%
 Overnight Advances 
 Term     Minimum   Today   Prior Day 
1 Day   No minimum 4.70% 4.69%
Open Line (Daily Rate Set)# No minimum 4.86% 4.86%
#Rate set at and available until 3:00 pm; Late Day Advances may be available until 4:30 pm by calling 855-345-2244, Option 1.